If I Had To Retire Today, Here's How I'd Do It
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- Опубликовано: 24 сен 2024
- If I Had To Retire Today, Here's How I'd Do It
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"I do not like it when you have more than 5% in a single stock"
Me with 32% in a single stock: yeah 👀
@@achill_934 lol well I will just give you the 🤨 but we can still be friends :)
Diversification is good advice. Having said that, Charlie Munger actually agrees with the concept of investing in a few great businesses that you understand inside and out.
@@Bob_1993 you can do that and still keep them
3%-4% is my spot
@@lostboi3974 good spot to be in my opinion
Generous with the B+. It's a rambling article full of contradictions and scattered thoughts. It is also poorly titled given he says he wouldn't invest how he set it out.
And I don't understand why he says that he'll need a lower dividend yield since he plans to withdraw less than 4% a year. Doesn't this mean he'll mean a higher dividend yield, not lower? Either that or simply have more money in the retirement account, which isn't a matter of choice.
@@international_dividend yeah after recording the video I was thinking it should have been a B or B-
I appreciate you watching and taking the time to comment this.
It's clear he said he plans for a "lower dividend yield" because he plans less than 4% and not selling assets. That means he plans to have more money, and yes it is a matter of choice when making plans about the future. You keep making contributions and waiting for growth to occur until you have more money. If some calamity happens, then he'll need to change his plans, but for now, that's the plan and it is a very reasonable plan.
Repeat after me: SCHD and chill
This author and his article provide a clear example of what 90%+ of all active portfolio managers fail to beat the market net of taxes and fees over 10+ years.
Let data be your guide, friends! Don’t stick your head in the sand. Indexing is the way to go and this article provides a great example why. Most finance bros on YT and SA are schilling for clicks or selling products/services that are all but guaranteed to cost you a lot more than just the time you spend watching/reading the bad advice. 💯
Rental properties are not passive, however I love to diversify my retirement portfolio. I have 4 rental properties with no mortgage that will supplement my retirement income and help offset taxes.
It can work really well if it fits the person. I wish I was someone who could do it.
Can you do a “if I had to retire in 40 years” one? I’m 24 and trying to educate myself
@@dae8894 check out my videos on how to invest based on your time horizon. Those will help you
Bro seriously? If I had 40 years, I’d VOO and chill.
Facts!@@thetapheonix
At 24 I'd aim to retire way before 64......that's why your here
Research etf’s and buy them
Thank you for all the great content. I have a question for you: in order to switch from Growth to Value once you’re getting closer to retirement, wouldn’t it be easier and way more tax efficient to just simply invest in mutual funds that would allow you to exchange from one fund into the other within the same fund family (i.e. going from a Vanguard growth fund into a Vanguard dividend fund)?
I think retiring with a larger number of positions is wise actually, so long as you are willing to pay attention to your portfolio every week. If you enjoy doing that, then why not? If you aren't a stock market nerd like us DGI channel creators, then narrowing it down to maybe 10-15 blue chip stocks and 3-5 ETFs is probably better. Less to keep track of.
Thanks for the video, I really enjoyed it! I think I am at a point now where I'd like to be more passive. I like the index strategy and the automatic rebalancing they do quarterly.
I am convincing my dad who is about to retire to follow this blend:
SCHD: 40%
DGRO: 30%
SCHG: 15%
BND: 10%
JEPQ: 5%
What are your thoughts on that?
All great ETFs. Understand that schg is for growth and you wouldn’t plan to live off the dividend but rather sell or rebalance it in the future.
@@DividendGrowthInvesting Thanks! Yep the plan I had in mind would be to rebalance in around 10-15 years to an income centered fund (probably SCHD)
Drink every time Jake says, "like." 😂😂😂
lol ya :)
To get the 4% yield, he should just get SCHD and maybe a CC ETF and chill! This is too much work! Also he's just young guy and all over the place! LOL
Work to build QQQ up to 100 shares in your 20s and 30s in both Roth and Taxable.
Write covered calls at 100 shares.
Use premiums at the age of 35 or so to build out DIVO and SCHD.
Retire at 50
Definitely a way to consider
You cannot get perfect when you have to deal with reality. Perfect would be a consistent 5%+ yield and 5%+ growth with total return matching or beating "the market" and growth exceeding inflation. This would be done with only one holding for easy, that managed tax losses and used other techniques to reduce taxes while still providing the income.
When you say "index funds" I am not sure what you mean. I think you have something specific in mind, but the term "index fund" doesn't mean much. SCHD is an index fund. FEPI is an index fund. There are literally more ETF "index funds" than individual companies listed on the US exchanges.
“When I read it out loud, I hope you realize how stupid it sounds”. Shots fired 😆
@@19Rinka86 lol I mean…. 🤷🏼♂️🤷🏼♂️🤷🏼♂️ ya maybe a little :) I was kind of annoyed and just said out loud what I was thinking.
@@DividendGrowthInvesting Someone has to say it 💁♀️
Love the videos dude. You know what would be good, maybe a video on your thoughts of European dividend ETFs equivalent. I say that because it's a real bloody pain. I'm London so have many products but it's not easy.
I don't get why anyone would cut into their principle for any reason...This is why I don't like the 4% rule. I also don't enjoy the gambling mentality of day tradingI agree with you on the multiple positions not giving yield. I have a few samples and see how they compare with each other over a year then consolidate. I'm looking for good yield and yield growth.
I felt like something is always missing in these articles reviews and I now realize what it is. It needs more meme intros!
lol yeah :D
New subs here! Looking forward to following your dividend related drops.
Hey!! Glad to see you here! Hope you enjoy TN :)
@@DividendGrowthInvesting Thanks! Can't wait till we can save & invest the $1,800 a month we are going to save just moving.
Excellent Video!
@@mattseverance8176 thank you!!
I like these videos. Even whacky ones that read like OJ’s book “If I really did it.”
Lol yeah. Some flow better than others
My daughter posed this question to me.
My retirement number grows each year with inflation. So my $2.5 M to retire on SCHD today will be an F ton more in 20 years... 40 years. No amount of eating bake beans and noodles while saving for a home and tuition reimbursement while investing +25% of my income ($1,000 a month) makes sense. The compound of inflation destroys the dream of retiring on dividends alone. The super low growth of SCHD makes it hard to get a 4% draw down after 40 years as well.
Love an answer to this.
If you’re retiring on SCHD why are u withdrawing 4%? Just stop the DRIP and collect the dividends
@BenJacob389 I invest a small portion into Dividend Stocks and ETF's as a side income, not for my main source of retirement. My daughter see things very different about any Dividend Investing.
Compound Inflation vs any real return from SCHD over a 40 year investment goal
Everyone loves to talk about compound interest on their investment. What about compound cost due to inflation. That will change the retirement number every year. Just like a snowball the other direction
@@ericscott6864yep very true. But stock growth / appreciation outpaces inflation rate. If it didn’t, we’d all be in big trouble.
Small world, I also enjoy me some Nicholas Ward
@@bgwinn yeah I’ve been follow him and ben Reynalds from sure dividend for over 7 years
That dudes portfolio looks like a lot of work and headspace. F that.
Yeah it’s more maintenance when it’s just individual stocks
you need 200 years with those low yields
Yeah it’s finding a balance that fits your situation
@@DividendGrowthInvesting you are correct I do both (high yield) income now (dividend growth) income later.
I wish you would have read the whole article ahead of making the video so that you could have summarized your thoughts more. I appreciate your perspective but it was kind of rambling this time😅
Fair feedback. I’m trying to find that sweet spot with adding my feedback and keeping the videos a reasonable length. Appreciate the feedback
Could i retire using a brokerage like robinhood?
of course why not?